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. there is no debt crisis in the united states of america and europe, and there is no such thing as the debt crisis in my own country, which is nevertheless being consumed by debt. you know the joke about balloonist. the balloon has been blown off isrse, and at some point they no such thing as a debt crisis. manage to gain control of the balloon and lower it above a farm. the farmer comes out and looks up at the balloon and one of the balloonists says, excuse me, sir, where are we? and the farmer says, you are in a balloon. the balloonist says, he must be an economist. precisely accurate, and hopelessly useless. [laughter] we have a doctor here amongst us. imagine if you had a terrible case of a cancer patient in acute pain, and your diagnosis was, the person is experiencing a pain crisis. it wouldn't be useful. debt is a symptom of 2008, to be precise. it is what happens when a financial implosion begins on wall street, and then all sorts of dark forces break out, break loose, and they start dismantling the economic and social fabric of the world. these awful events happen once every hundred years
out their vote and is going to be exploited by virtually every merchandiser in america. >> obama's campaign manager and the rest of the team for the ground game they pulled together which the romney team laughed at first. they are not laughing now. >> mark. >> thank you. magnificent. >> is this it? >> let's see what conac has given us. the biggest winner of 2012 vladimir putin. he overcame massive opposition protests, maneuvered through constitutional loopholes, served as president, then prime minister. and then when re-elected as president again of planet earth's biggest nation, russia. vladimir putin biggest winner of 2012. >> "biggest loser," pat? >> general david petraeus. cia most famous general of his generation caught in a honey trap and kwon. >> the nra national rifle association which has no answer to why americans should be allowed to buy and possess assault weapons with rounds they can shoot off and kill little children. >> mark. >> the 23 million americans who remain out of work and have been out of work for a long period of time. >> seldom aidle son who backed candid
giving more money to the least competent people in america, the politicians in washington. you're talking about giving them the extra money so they could have bigger government. the fact that they're taking that money frommus in a less bad way i suppose that is good news but we're still taking one step after another in the wrong direction. at the end of that journey the destination is greece or spain or italy. melissa: right. >> we have to figure out how to get control of intitlements. the while house refuses to have adult conversation about that. melissa: neither of these proposals, neither side gets us closer to closing the enormous gap you're talking about. i say over and over again and if this was your household and bills were so far out of line with what the revenue was you could get very serious very quickly. these people do not seem to do that. for republicans is it looking more and more palatable to go over the cliff at this point? >> depends on how dogmatic obama is. like selling a car on craig's list and put it up for 5,000 and really take 4500. someone offers you 4,000. this is
. >>> when we come back on squawk, bank of america ceo brian moynihan in his own words, we caught up with him yesterday to talk about business, the economy and the looming figure. as we head into a break, bank of america, best performing dow component of the year. up about 77%. ♪ [ male announcer ] how could switchgrass in argentina, change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. nespresso. where i never have to compromise on anything. ♪ where just one touch creates the perfect coffee. where every cappuccino and latte is only made with fresh milk. and where the staff is exceptionally friendly. ♪ nespresso. what else? indicated up 14 points. unable to hold on to the gains we saw yesterday
of america. every time you come to this floor it's a question, why are we here? we are here to do the people's work. let's sit down. get it done. and move forward. instead of filling the agenda however worthy some of those initiatives may be, instead of not along with passing a middle income tax -- this is also reminiscent of a year ago. the president proposed, the house and senate, democrats and republicans, voted for the payroll tax holiday. the republicans in the house resisted. painted themselves into a corner until they had no choice. the issue had been made too hot for them to handle and they finally had to come around to supporting the payroll tax holiday. and here we are again. 100% of the american people will receive a tax cut when we pass the middle income tax cut. the wealthiest people in our country will receive a tax cut up to their income of $250,000. we are asking them to pay a little bit more for what they make over $250,000 a year. to help reduce the deficit, to help grow the economy, grow the economy. that growth is what is essential. you want to reduce the deficit, create
that was and the challenges facing us in 2013. first to our big stories of 2012. and america's left turn from the supreme court's landmark health care decision to the reelection of president barack obama. and politics headed in a decidedly liberal direction, so what happened and what does it mean for the country going forward. joining us columnist and detail editor, dani henninger and kim strassel. dan, we like to say for a long time we live in a center-right country. if you look at the last two presidential elections that doesn't seem to be the case. are we living now in a new, progressive era? >> in terms of the presidency, i think we are, paul. i'm not sure about the country. barack obama i think is the center left or left wing president since the great depression and i think that what barack obama has in mind to do is indeed to redistribute income from the top downward, not to cut spending, but to increase spending, it's explicit from a 20% of gdp to 25% gdp and rather than cut spending raise taxes as necessary to support that spending and i would say that is in fact essentially the french model. and
now sent the white house their own plan for getting america's finances under control. but both sides still far apart. abc's jake tapper is covering this from the white house. jake, the white house downplayed this new offer but will it be enough to jump-start negotiations? >> reporter: i don't think so, george. the white house advisers describe the proposal that republicans offered yesterday, as a step backward in terms of negotiations. what the outlying house republican states is $2.2 trillion in deficit reduction. that includes 1.2 trillion in spending cuts. $800 billion in new revenue. optimistic projections. and $200 billion in other measures, such as adjusting the consumer price index. but house republicans say if the president doesn't like this, it's incumbent upon him to offer a plan that can make it through the house and the senate. >> the white house says they want to see the republicans first say that tax rates are going to go up. is there any prospect of a face-to-face meeting between the president and house speaker john boehner in the coming days? and how are they getting
: but this is a historic reversal. look i've been in america 40 years and started out in san francisco 40 years ago and back in those days, there was always a net migration into california, significant numbers. california gained tens of millions of people over my time in america, but that just recently has been completely reversed. now there's a net leaving of people. and that's historic in america, that's historic. >> it is historic. it is historic because you come here, as i said for the weather, but that's it anymore and there's no promise of a future. don't promise that you're going to be able to put down your stake and really do something with it. look at the head of facebook, one of the partners left not only the state of california, left the united states of america because of the taxes going on in this state and in the united states of america itself. so, again, there's no incentive to stay in the state because you were so punished, if in fact you do have the state. if you're a young couple trying to raise a family into the public school system and the public school system is in the tank an
there is a great middle out there that makes of america. the more we reflect the middle, the better off our committee will be and i think the service we provide will be better. >> what gives you that hope? >> a lot of people are recognizing the pathway we are on will not help. more and more members are talking with me where we discuss with one another how we can improve the place. i hear it almost every day. i encourage it. >> there are people who believe partisanship is a good thing because ideology and the direction of the country moves in the way they want. for example, people have come in with the tea party. what do you think of these hyper-partisan groups outside of the congress that attempt to exert their influence? >> one of the more fascinating experience i have had involves a gathering. my first meeting a couple years ago, with tea party types. my staff was concerned about this new group. i said, give me their telephone numbers. i invited them to our session. they were there that evening to express their concern about health care being nationalized and taking over that piece of the
-- abolitionists that when he got back to america he was going to train slaves and settle them on land as sharecroppers in the '70s that they would become good citizens and free people in the united states but when he got back to the united states things change. >> you can watch this and other programs online at booktv.org. >> next on booktv, greg gutfield fox news's the five says liberals use manufactured our rage and artificial tolerance to deflect criticism of their political and social ideology. the author contends what he deems smart in tolerance should be used to counter liberal argument. it is about an hour. >> thank you. the first library i have been in where i haven't been asked to leave. i am not kidding, actually. i will get to that library joke in a minute. that was going to be my intro but during the signing nymex so many nice people when i was sitting there and are missing their going what would it be like if all of your fans were jerks? wouldn't that tell you something? if all of your fans -- i can't swear in the reagan library but if they were jerks, what if you were bi
jarrett in for bill hemmer here in "america's newsroom.". >> i'm heather childers in for martha maccallum the senate gavels in at 11:00 a.m. we'll see if there was some miracle overnight. gregg: i doubt that. yesterday, republican senate leader mitch mcconnell made an emergency call to the vice president joe biden in an evident to jump-start negotiations. heather: if no deal is haed out today, majority leader reid says he will call a vote on a separate white house plan that reflects's original proposal. gregg: chief correspondent mike emanuel kicks off the coverage. mike, where do the things stand in the fiscal cliff talks at this critical late-stage? >> reporter: gregg, there seems to be some hope that conversations between vice president joe biden and senator mitch mcconnell can produce a deal. aides say the two men spoke multiple times last night and will continue working toward a solution. mcconnell called the vice. president bush: after weighing 18 hours from senate majority leader harry reid who seemed to throw in the towel. >> there is still significant difference between two
as americans coming from the same place. we all want to live in a safer america. we just differ on how to achieve that. where i think the mark is being missed, and for give the pun, is that i feel like the discussion needs to be about the madness, not about the method. so, let's focus on violence as a topic, certainly, guns is one point of discussion, but i think that there is a broader discussion to be had. but nobody can make any progress until we take some of the emotion out of it. and think about it holistically, we don't want to have unintended consequences and fix one thing and break another, and i think that's where the challange is. the good news we all want to live in a safe america, we need to talk about the best way to achieve that. stuart: that's unbelievely retrained from you, carol. i unleashed earlier on the program against piers morgan and were you restrained. i appreciate that. >> now what, stuart? i'm starting a new party in in america, i'm calling it the common sense party. if you'd like to join me, this is my-- one of my first forays in the common sense party. stuar
in america and deep spending cuts particularly to our military. top lawmakers are calling in staff members for meetings on this saturday. right now we are told senate leaders are working on a potential deal. still our journalists on the hill are being told there will be no official proposals or votes until tomorrow at the very earliest. the time line qoo -- could not be tighter. we will begin seeing lower tax rates expiring and federal aid for things like unemployment checks. here is a statistic for you. if there is no deal in place for january 1st, those benefits, those unemployment benefits will no longer be authorized. the law project estimates some two million americans will stop receiving benefits after december 29th. that's today. many experts fear going over the cliff could send our weak economy plunging back into a recession. president obama says he remains optimistic, but he says no bargain could be reached in congress, then congress must vote on his back up plan to block taxes for anybody making less than $250,000 a year. chief congressional correspondent mike emmanuel has more.
combination of higher taxes on just about every worker in america and deep spending cuts particularly to our military. top lawmakers are calling in staff members for meetings on this saturday. right now we are told senate leaders are working on a potential deal. still our journalists on the hill are being told there will be no official proposals or votes until tomorrow at the very earliest. the time line qoo -- could not be tighter. we will begin seeing lower tax rates expiring and federal aid for things like unemployment checks. here is a statistic for you. if there is no deal in place for january 1st, those benefits, those unemployment benefits will no longer be authorized. the law project estimates some two million americans will stop receiving benefits after december 29th. that's today. many experts fear going over the cliff could send our weak economy plunging back into a recession. president obama says he remains optimistic, but he says no bargain could be reached in congress, then congress must vote on his back up plan to block taxes for anybody making less than $250,000 a year. chief
of the impetus for prioritizing the issue of poverty came from the of america. the best-selling study of poverty by the holy cross alumni michael harrington who found poverty hidden in appellation and in america's inner cities. shriver is accepted the challenge and got to work first of all research and the scope of the problem and its possible solutions. she found 30 million americans then living in poverty, and his agenda for them was and handouts employment through programs like the preschool head program, a dhaka court to retrain adults for in the dhaka the postindustrial economy and vista volunteers in service to america often described as a domestic peace corps. there were programs come stress and community leadership, global planning with federal funds, and there were legal services for the poor. in time, the war on poverty raised up resentment from some public officials who were challenged by the newly uncovered poor. meanwhile, slowly but inexorably, the war on vietnam drew the funding away from shriver's operation and offered a choice between war and asia and in poverty. johnson relucta
-term investments here. at the same time, we do not start of what has been so much a part of america's -- do not starve so much of what has been a part of america's history, our willingness to invest in the future, and that includes children, poor children, modern infrastructure, basic and blue sky research. when we get beyond the challenge we face over these next few weeks, i think that is going to be a broader challenge we face over the next decade. >> i think we have time for one more question. over here. as the question is coming, i want to say how much we support the president in this fight on ensuring the balance, and the president has been very strong on that issue. >> richard singer. we are a biomedical company that helps nurses and doctors, may collaborate better with social media. we got a small amount of the innovation funding, but it is a broader question about the health care ecosystem. if the company goes under, all the software engineers get new jobs in a matter of weeks. but in biotech, we have a lot of people with ph.d.s, longer-term and specialized types of areas, and we do
's go where we have good labor relations in the united states of america -- the wages are reasonable. >> greta: are the big companies, though, are they the one who is are union busting? if they are only going to go to those states and put some governors up against the wall, in order to compete -- >> sure. they are going to get the best deal. here's where i agree with the union guys. nafta, gatt, they are magna carta for transcontinental corporations to shut down the united states, where they have high wages and the high regulations and move it over to china, cut your wage rate by 80%, produce there, bring the products back into the united states and then the huge new profits you make, share those with your shareholders and the executives. and that's where i disagree this globalization, free trade. they have really been unfair. one place i agree with hoffa. he was with me in the 90s. they are bringing mexican trucks into the united states, driving them on american highways, mexican drivers into rounder-cut american teamsters. i think that's wrong. i think the teamsters -- >> greta: ye
cash rewards card. apply online or at a bank of america near you. your soups are so awesomely delicious my husband and i can't stop eating 'em! what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. share "not even close." share "you owe me..." share "just right." the share everything plan. sharable data across 10 devices with unlimited talk and text. get a droid razr m by motorola for $49.99. >>teve: this is probably going to bug you, people of afghanistan are supposed to be allies, right. >> brian: not according to their president karzai. listen. >> policies coming to us from terrorism and the taliban. it is partly coming to us from the structures that nato and traded in afghanistan. >> brian: our time and mon yesacrifices are a waste? >> steve: joining us is the army veteran for america. good morning to you. president karzai is blaming united states and nato for violence and corruption in afghanistan. he sounds a little >> yes, it is a nice posen pill to look at. i was in a
there that makes of america. the more we reflect the middle, the better off our committee will be and i think the service we provide will be better. >> what gives you that hope? >> a lot of people are recognizing the pathway we are on will not help. more and more members are talking with me where we discuss with one another how we can improve the place. i hear it almost every day. i encourage it. >> there are people who believe partisanship is a good thing because ideology and the direction of the country moves in the way they want. for example, people have come in with the tea party. what do you think of these hyper-partisan groups outside of the congress that attempt to exert their influence? >> one of the more fascinating experience i have had involves a gathering. my first meeting a couple years ago, with tea party types. my staff was concerned about this new group. i said, give me their telephone numbers. i invited them to our session. they were there that evening to express their concern about health care being nationalized and taking over that piece of their personal life. they were no
, philadelphia, new york city, boston, the most congested corridor in the united states of america, that is the only 600 miles that we really own. we another small stretches around the commuter -- all the rest of amtrak service, over 20,000 miles of private freight rail. i see the main rail people in the audience and they have concerns too about using theirs and not having dedicated them and we need to address that issue as we move forward. final point is northeast quarter is where we should be putting the focus. give the administration credit for at least taking the money that has been turned back dedicating so that to the northeast quarter but we are doing it in a piecemeal, half baked fashion. the northeast corridor, every state, every major area can benefit by bringing high-speed rail to the northeast corridor. 70% of our air traffic delays emanate from the northeast corridor even when we have next-generation air traffic control, move planes faster and closer together with doubling of air-traffic, all of the other restrictions we have in that corridor, you must have high-speed
states of america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. the chair lays before the house a communication. the clerk: the honorable the speaker, house of representatives. sir, pursuant to the permission granted in clause 2-h of rule 2 of the rules of the us us house of representatives, the clerk received the following message from the secretary of the senate on december 21, 2012, at 4:04 p.m. that the senate agreed to the conference report accompanying the bill, h.r. 4310. with best wishes i am signed sincerely, karen l. haas. the speaker pro tempore: without objection, when the house adjourns today it shall adjourn to meet at 20:00 p.m. on thursday, december 27, 2012. without objection, the committees may have until the end of the second session to file the final report pursuant to clause 1-b of rule 11, and the chair of the committee in consultation with its ranking ranking member before filing such report may update report to reflect committee or house action taken after the report was ordered reported o
silence except for the television. it is america's biggest problem. and on that cheerful note, thank you very much. [applause] >> next, and to raise with to retiring members of congress. dan burton of indiana talks about his 30 years in congress. followed by senator kent conrad on his 26-year career. and a discussion on corporations and stock values. dan burton is retiring from the house this year after 30 years in office. the 15-term congressman represents the fifth district in east central indiana which includes parts of indianapolis and the surrounding suburbs. earlier he talked with c-span about his past investigations of the collective demonstration and the oversight ruled congress. this is 30 minutes. as you exit the institution how would you say it stated? >> it has changed a great deal. it is not the same as when i came 1983. there seemed to be more comedy. tip o'neill was speaker. i will never forget he was the first time he was on the floor raising cane with democrats. he had someone take his place and he came down and started giving me the dickens. after that we bec
in a financial crisis and ms. lagarde, who heals from tax the rich, 75% france is lecturing america, very interesting. >> meanwhile, european markets are down and because the italian prime minister mario monti m a surprise. is going to resign. and silvio berlusconi wants to replace him. europe is appalled. and people blaming the recession for not having more children. 64 births for one thousand women of child bearing age. half of the peak of the baby boom in the 1950's. our next guest has six children, counts them. and what's that-- >> and naham segal. that works. >> have i got that word? >> and light tte candles. >> if you light them i will come. >> you have six children. >> as do you. >> leave me out of this. >> and others people say they can't afford it you're saying it doesn't matter if you can afford them or not. >> if the price tag of having a child scares you the most, you haven't done the right gut test. stuart: so, go ahead and have the children whether you can afford them or not. >> having children is the investment in the future. if we don't have children now and understanding
. stuart: a question for you. >> go ahead. stuart: in america we say you have goose bumps when you're very cold. in england we say you're hen-fleshed. are you either this morning? >> i am both, put together. times a hundred. stuart: excellent. >> i look like rudolph with my nose. stuart: may i recommend you wear a hat and i'm losing my hair and-- >> i do, i have a hat with me as well as ear warmers just not for this hit. can i tell you some things going on behind me today? >> no, don't have time, sorry. that's the way it is. >> i was going to tell you about the drunken revellers and their bathroom experiences, i guess you don't want to know. stuart: you should hear what they're saying, no more drunken revellers, no time. wrap up, keep warm, young lady, i mean it. >> thank you very much happy new year to you. stuart: happy new year to you, lauren. and on thursday, president obama signed an executive order that ends a pay freeze for congress and federal workers that is. as our march this coming here, federal employees will see 1/2% to 1% pay increase and get this, 535 members of congress wil
newman on the november jobs report and a discussion about public health in america with national institute of allergy director. washington journal begins live each morning, 7:00 a.m. eastern on c-span. >> we have had these explosions of knowledge in medicine but we have not coordinated care, and all these services we have end up having so many cracks that the cracks are as harmful as the diseases that we're treating, and you got to step back and ask, are we hurting people overall? on a global level, what are we doing sometimes? and of course, now we've got these reports saying, 30% of everything we do may not be necessary in healthcare? when we step back 30% of all the medications we prescribe, the tests we order, the procedures, this is something i think which is for the first time really being called out as a problem. >> dysfunction in the u.s. health care name. by unaccountable" on c-span 2. >> writer institute. i think a writer's institute is very important within the culture. we are a culture of words, of voices, words are key to our imagination, our capacity to envision thi
of america, merrill lynch recently held a 38% stake in hertz. after the offerings, the funds will hold a roughly 26% interest in the rental business. after the sales, hertz will not receive anything from the proceeds of the sale. coming up, squawk on the farm. we're going to talk crops, crops, crops, tractors and other equipment. and what it all tells us about the global economy. stay tuned. >> announcer: team, "squawk box" exclusive coverage of the "new york times" deal book conference. investing, the economy and the looming fiscal cliff. jpmorgan chairman and ceo jamie dimon, carl likely group co-founder david rubenstein and a lot more. it all starts tomorrow at 6:00 a.m. eastern. hi, i'm phil mickelson. i've been fortunate to win on golf's biggest stages. but when joint pain and stiffness from psoriatic arthritis hit, even the smallest things became difficult. i finally understood what serious joint pain is like. i talked to my rheumatologist and he prescribed enbrel. enbrel can help relieve pain, stiffness, and stop joint damage. because enbrel, etanercept, suppresses your immune s
to change anything. they do not want to help america. what people are they for? the people have spoken, but they do not ever listen to the people. what people are the working for? host: james in new york as a deadline for independents. caller: i just want to point out something. 400% to 1000% increase in salaries versus the workers for the so-called job creators, along the way, the people are not making these increases in salaries. they talk about cutting taxes on the wealthy. well, what about giving money -- a fair percentage of an increase to the people that are doing the work? i never hear anything about that. it just seems to me that the unfairness starts there. host: that is james and new york. the lead story in this morning's boston globe with the headline "modest hope." [video clip] >> i just had a good and constructive discussion with senate and house leadership about how to prevent the tax hike on the middle class. i am optimistic that we may be able to reach an agreement that can pass both houses of in time. senators harry reid and mitch mcconnell are working on such an agree
that to america where 45% of the total population gets out of bed and goes to work. according to the wall street journal, in greece total economic activity is down 20% in the past four years. this is a country in financial ruin. the question, how can a country of 11 million repay a 1/2 trillion dollars worth of debt and it's hard to think they could ever recover. heart breaking for someone of greek heritage like our own nicole petallides, it's a dreadful siiuation. >> it is heart breaking and i was hoping, glad you didn't make me do it, trying to throw greece under the bus. the truth is the country is suffering greatly. and grandparents trying to support their sons, daughters, grandchildren all on one pension and many of europeans, they have a different mentality, in certain ways, retiring, off the government and that's not the greeks here in the states, willing to work 25 hours a day. and there's certainly a different mentality there, but they are suffering greatly. one gentleman, nobody talks, but the cemetery, very sad and solemn. stuart: that's a personal side % of the greek tragedy story. n
marzullo, abc7 news. >>> stay with abc news and "good morning america" lara spencer is in london she will have a live report at 7:00. >>> 6:36. traffic and weather together, next. live look outside, you are looking at san mateo bridge traffic zipping along without trouble. dry out there now except for a few sprinkles up north. mike will have the full forecast. sue is checking traffic. >>> painkillers taken from a peninsula drugstore. the similarities this case has to another >>> welcome back. live doppler 7 hd showing you the last three hours and how radar returns are more plentiful the farther west you go. it is looking out 100 miles out watching this wall of lighter rain towards bodega bay, santa rosa, guerneville over the next two to three hours. visibilities fairly unlimited for the rest of us, cloudy, best chance of rain steady rain north bay during the afternoon, 50s, the rest of us mostly cloudy, scattered sprinkle and low to mid 60s. have the wet weather gear up north. >>> muni metro back on schedule after power problems overnight that's the good news. bart says they are on t
? this is big news. >>> playing politics with america's fiscal future. >> we're nowhere, period. we're nowhere. >> they would like to go beyond that or do it differently. >> but we're rising above it and putting your money first. guest host david walker of comeback america initiative and democratic strategist steve mcmahon both here to help us find solutions. >> then, what goldman's jim o'neill is so he seeing to help you prepare for your investments straight ahead. plus, adding opportunities door to door. >> have a good day. >> thank you. >>> domino's pizza ceo patrick doyle is here. the second hour of "squawk box" begins right now. >> good morning, everybody. welcome back to "squawk box" here on cnbc. i'm becky quick along with joe kernen. andrew is out this week. we've been watching futures this morning and they are indicated slightly higher. dow futures are up about 35 points above fair value, s&p futures and the fass dak futures are higher, as well. in your morning headlines today, the fiscal cliff dominating the sunday talk show circuit. treasury secretary tim geithner expressing on meet
. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. >>> welcome back to "the kudlow report." in this half hour, michigan is really doing it. the statehouse just passed a bill to make that union stronghold a right-to-work state. we are about to talk to governor rick snider object it. . >>> and has a recession already started? believe it or not, that's the forecast of lakshman achuthan. he says it started in july. we're going to press him on all that. >>> now, a movement started by american majority action called fire boehner has been trending on twitter. . but there's really not one wit of serious evidence that mr. boehner has any problems holding on to his speakership or even conservative leaders in the house. here now to try to make this weak case is ron meyer. ron, first of all, i want to say that i commend john boehner for his valiant attempts to stop the fiscal cliff and to make a deal without giving up growth principles. but when y
just use my bank of america debit or credit card when i pay. and then i get up to 15% cash back... put into my account! i know, right? [ male announcer ] introducinbankamerideals, free for online banking customers. sign in to your online banking to choose your deals today. >> gretchen: 16 minutes after the top of the hour. if you are just waking up. it is usually a symbol of pride and patriotism. but the new flag polls seen in iran have a sinister meaning. the flag poles are electronic attenas used to jam communication and block their citizens from getting internet tv and radio signals. why? here with more is disa. good to see you. >> good to see you. >> gretchen: you have inside sources in the country of iran, why would they wanting to fool their citizens as to the real mission of the flag poles. >> the biggest threat to the regime since 2009 when the iranian government was caught off guard and saw the large presence on the internet and getting information from outside of the country and sending information from inside out. it was the twitter rev -- revolution. they were using youtube
areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. look this isn't my first christmas. these deals all seem great at the time... but later... [ shirt ] merry christmas, everybody! not so much. ho ho ho! this isn't that kind of deal. [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. >>> good morning. welcome, everybody. you're watching "starting point." republicans have come out with their version of what a fiscal cliff solution
that. republicans are holding hostage the middle class in america so that the wealthy don't have to pay their fair share. it is the republicans who are willing to let millions of americans rely upon an informant and insurance, to have that ended for them in just a few short days, people who have been out of work for over six months. republicans are holding them also. it is a manufactured crisis. what we are here to say is, first of all, i hope all of you agree with me, but no deal is better than a bad deal. no deal is better than a deal -- >> we'll take you back to the capitaol now. live coverage on c-span. >> yeah, right here. right here. right here, trust me, right here. [captions copyright national cable satellite corp. 2012] [captioning performed by national captioning institute] if we get a deal, who will supply the champagne? >> republicans. they have all the money. >> are all watching somewhere. >> there's one. >> i am going to look for -- back.e rigtht >> senator mccain? can i talk to you out here for a second? [laughter] >> can we quote you on this? >> a man walks up to a podiu
of those who enjoy america's most distinguished motor car. >> reporter: the author john steinbach wrote that no other car so satisfied my soul. bank robber clyde barrow had one though it's not known if he actually paid for it. >> there be a brand new thrill on the highway in 1951. >> reporter: its creators wanted the most luxurious ride with the most beautiful styling of anything on four wheels. something that went well with country clubs, fine wines, and beautiful people. >> my name is pucci. this is the pucci edition mark 4, the first pucci fashion with an engine. >> reporter: the lincoln motor company was founded by henry leyland in 1917. named for abraham lincoln, his hero and the man for whom he cast his first vote in 1864. by 1922 leyland had sold lincoln to henry ford who entrusted his son edsel with the task of turning lincoln into something special. it's a story. edsel ford ii knows well. >> i think quite frankly he wanted this so he could make a mark on the industry. his father was still the president of the company and edsel, i believe, was trying to find his way, trying to f
annnunced it's three-thousand more stores in phe americas innthe next five thousand stores in china by the end of next year. i'm elizabeth corridan reporting. if you're looking for amazon is laanching a new kid-friennly subscription service for their kindle tablet. "kindle free time unlimitedd is aimed at children using kindle fire evices. it will give pprents the ability for childree to brrwse age-&app books without accessing the internet. the service &pccots 4-dollars 99-ccnts per kid each month. amazonn says it will be available ii the next few weeks. coming up... ashton kutcher's new role... in an upcoming movie.the person he's playing... and the side-by-siie comparison... that might leave you impressed. hi. we're spreading the word about honey bunches of oats fruit blends and their unique taste combinations. like peach/raspberry. with one flavor in the granola bunch and one on the flake. two flavors. in harmony. honey bunches of oats. make your day bunches better. cliff. what it could 3 3 liberty map 3 3 3 breaking news... a latt night fire takes the life of
broken branch: how the congress is failing america," "it's worse than it looks how the american constitutional system collided with the new politics of extremism." he's been quotedded probably too many times for any data base to collect in one place. in the 1990s, there was an article i was in somewhere quoted, and you were quoted, and your quote was i have no idea. i thought to myself, you can get quoted for saying that, you achieved a unique status in washington, d.c.. i congratulate you on that. [laughter] the third speaker will be bill who is currently in the policy public practice, serving assistant to george w. bush in the white house, a policy adviser to bill frist, and chief of staff to joe pitts of pennsylvania. he has a very, very deep experience both in the house and senate, making him unique. he's made of top of the pyramid in both chambers, and he was particularly active at the time on the issues concerning senate rules and precedent. he's working on the sontorum campaign, "culture: upstream from politics," and other series. the fourth and final speaker is brian dar
. i want to turn to paul barrett, who we had on yesterday's, author of "bloch: the rise of america's gun." i asked about senator feinstein's announcement that she will reintroduce the ban on assault weapons on the first of the senate. >> i will read the legislation very closely when it is out. i have to say i'm skeptical. the 1994 so-called assault weapons ban was one of the most porous, ineffective pieces of legislation that i personally have the opportunity to study. it was shot through with loopholes. it had no applicability to weapons that were made and sold on the day before enactment. and the fact it was coming for a period of years gave gun manufacturers an opportunity to run their factories overtime and to build up huge stockpiles of the weapons. so we will see. but if congress is not proposing to ban weapons that are already out there, then that leaves millions and millions of weapons already out there. >> that was paul barrett, author of "glock: the rise of america's gun." rebecca peters, if you could compare to the legislation that was passed in australia after the massa
've been hearing about these things. he broke into the woman's home and drove her to the bank of america branch where she worked. she triggered an alarm and the suspect escaped. it took them three hours to remove the device from her neck, she was not hurt. how scary is that. and a newspaper taking heat for publishing names and addresses of gun owners and they're not stop at that, the online maps, list of all people in westchester and rocklands county, in putnam county, the paper claims, but they say, uh-uh, privacy. and dozens of people try to find out and then find themselves in need of a rescue. >> somebody get a branch. >> oh, oh! so you could see one after another, they all start falling into the water. oh, within seconds of each other and chain reaction continuing as more people tried to help out. took ten minutes and luckily people on shore were able to pull everybody out and we can smile about it now because everybody was okay. >> because i was laughing. >> it's pretty comical watching na. look, you can see that ice is thin. don't go out on that. use your head, people. >> clayton:
approval. very different and just the same as america's favorite fish dinner. >> same texture. >> eating frankenfish. >> please don't use that term. >> reporter: the fda won't say when it will give final approval. the company says it could go out of business before it does. jim avila, abc news, washington. >> and they'll run out of money soon, in january of next year. >> a month. >> a matter of weeks from now too. the fda taking its time in getting to the issue. i think most people are at home going ew. >> i don't have a problem necessarily with steroid being injected into the chicken to make them larger. there's a reason that animals were created and supposed to stay exactly how they are. no cross-pollination here. interesting, little chance a salmon could escape and breed. if that happens, bred with wild fish they could disrupt everything. but there's -- >>> if the frankenfish got together with other fish. freaky fish! >> chaos. a freak every now and then. i knew willis would enjoy that. >>> still to come, getting ready for the end of the world. >>> as the countdown to the end of the m
across america? this is the reality we face? . we sent the bill to him that will protect 98% of american families and he will not call it on the floor. is he waiting for what is going to happen january 1 when consumer confidence is shaken across america, as everyone sees an increase in income-tax rates, including working families because he will not act? is he waiting for the doctors, as of january 1, the reimbursement for doctors goes down 20% -- 27%. is he waiting for that to happen or is he waiting his election to speaker? i hope it is not that. i hope he understands putting this off is not fair to america and is not been for the recovery. it will hurt us as we wait. there is no excuse. there is solid support among republicans and independents and democrats to make sure we protect working families and move forward. now the house is going home again. i do not know what we can accomplish but we certainly have depending on the floor major things that will help america. >> thank you. some other unfinished business, you have all seen on the tv screens the devastation. i have seen storms an
this week, we hear. and a list of banks targeted includes j.p. morgan chase, bank of america, u.s. bancorp, pnc financial services and suntrust banks. more details when we've got them. the power and might of unions on display today and being tested. you will see huge protests at the state capital building in michigan where right to work legislation will be signed today. that means workers will be able to choose if they want to join the union. they will no longer be compelled to pay dues. here is the president speaking at a daimler factory in michigan yesterday. >> we do everything we can to encourage companies like daimler to keep investing in american workers. and by the way, what we shouldn't do, i just got, what we shouldn't be doing is trying to take away your rights to bargain for better wages. stuart: and take away your rights to bargain. is that what's at stake here? is collective bargaining a right? these are obvious questions, we'll be on it through the program and our cameras are right at the action in lansing, michigan. we're also talking to the mayor of lansing, virg bernaro ne
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